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President Bukele’s $133K Bitcoin Gift: Building 1,000 Schools in Honduras

El Salvador’s President Nayib Bukele made a $133,000 Bitcoin donation. The money will help build 1,000 schools in Honduras, one of the biggest cryptocurrency education projects in Central America.

JUST IN: El Salvador President Nayib Bukele donated 2 #Bitcoin worth $133k to help raise money to build 1,000 schools in Honduras pic.twitter.com/PbGyE7gWaA

— Bitcoin Magazine (@BitcoinMagazine) October 23, 2024

Also Read: Multipolar Currency Era Looms As Russia, China Challenge The US Dollar

How Nayib Bukele’s Bitcoin Donation is Transforming Education in Honduras

Presidential Support for Educational Development

President Bukele sent 2 BTC to Shin Fujiyama, who started Students Helping Honduras. Fujiyama is running 3,000 kilometers to raise money for schools. “He watched videos of President Bukele to gather the courage and the inspiration to just do it,” Hilbert said about Fujiyama’s motivation. This Bitcoin donation will go straight to building schools across Honduras.

An Emotional Response to Leadership

EL SALVADOR PRESIDENT DONATES 2BTC

President @nayibbukele has just personally donated 2BTC from his own wallet to @ShinFujiyama

The funds will go towards building 1000 schools in Honduras

Watch the video and see how emotional Shin gets to receive a call from the President https://t.co/A5EqdSITH3

— Stacy Herbert (@stacyherbert) October 23, 2024

Stacy Herbert documented the historic moment: “President @nayibbukele has just personally donated 2BTC from his own wallet to @ShinFujiyama. The funds will go towards building 1000 schools in Honduras. Watch the video and see how emotional Shin gets to receive a call from the President.”

This moment showed how cryptocurrency can connect people who want to help others. Fujiyama’s reaction proved how meaningful this Bitcoin donation was.

Also Read: Russia’s Push: Precious Metals to Lead De-Dollarization Effort

El Salvador’s Cryptocurrency Vision

pic.twitter.com/AFWUXEdEv6

— Nayib Bukele (@nayibbukele) October 23, 2024

This Bitcoin donation shows how El Salvador leads in using cryptocurrency. The government buys one Bitcoin every day since March 16. They now have 5,913 BTC. President Bukele explains their approach:

“We have never forced anyone to adopt it. We offered it as an option, and those who chose to use it have benefited from the rise in Bitcoin.”

This strategy has made El Salvador a model for other countries.

Impact on Regional Development

This project proves Bitcoin can help with international aid and sets an example for other cryptocurrency charity work in Central America. New schools will help local communities, and the Bitcoin donation project also shows how digital money can work in developing countries.

Also Read: How High Will Binance Coin Trade At This Halloween?

This effort combines education and cryptocurrency in a new way. It shows how to run international aid projects differently, and other developing regions might copy this approach. It also proves that digital currencies can work where traditional funding falls short.

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